Transelectrica plans to invest over 9.4 billion RON in the next 10 years to develop the electricity transmission network

The National Electricity Transmission Company Transelectrica will implement a development plan for the Electricity Transmission Network for the period 2024-2033, approved by the National Energy Regulatory Authority, worth 9.49 billion RON, over 2 billion RON more than the previous plan.

The new plan includes investment projects already underway, as well as 12 new projects, structured on 4 priority development axes: RET retrofitting/modernization, consumer supply security, integration of production from renewable sources and from new power plants in Dobrogea and Moldova, and increasing interconnection capacity.

The value of the RET Development Plan for the period 2024-2033 records an increase of 2.3 billion RON compared to the value of the previous plan for the period 2022-2031, and the structure of investment expenditures, in terms of the priority objectives pursued, is:

• Investment works aimed at re-technologizing existing electricity transmission networks (RET) – 30% of the total value of investments planned in the period is allocated;
• Investment works aimed at integrating production from renewable sources and other new power plants – 28% of the total value of investments planned in the period is allocated;
• Investments planned to increase interconnection capacity – 26% of the total value of investments planned in the period is allocated;
• Investments to increase the security of electricity supply – 13% of the total value of planned investments in the period is allocated.

Thus, the Company proposes investment projects worth almost 2.7 billion RON for the next 10 years to integrate new renewable energy production units, both in Dobrogea and Moldova, and in other areas. The largest share of planned investments for the next decade is for projects to re-engineer and modernize the electricity grid, respectively approximately 2.9 billion RON. Also, considering the 15% interconnection objective for 2030, respectively achieving the 7,000 MW target for cross-border exchange capacity, the investment projects planned for the next 10 years to increase the degree of interconnection have a value of over 2.4 billion RON. To increase the security of electricity supply, investments of over 1.2 billion RON are planned.

Of the total value of the RET Development Plan 2024 – 2033 of 9.49 billion RON, the financing structure of the projects will be: 66% regulated transport tariff, 17% revenues from capacity allocation and 17% non-reimbursable European funds.

Taking into account the priority directions for the development of the Electric Transport Network, the following 12 new projects were introduced in the plan for the next 10 years:

• Modernization of the protection control command system in the 220/110/20 kV FAI substation;
• Modernization of the protection control command system in the 400 kV Bacău Sud and Roman Nord substations;
• Modernization of the protection control command system in the 400/220/110 kV Gutinaș substation;
• Re-conduction of the 220 kV Lacu Sãrat – Filești – Barboși – Focșani Vest – Gutinaș Overhead Power Line;
• Installation of a second 400/110 kV transformer in the Suceava station;
• Installation of a 400/110 kV transformer in the Calea Aradului station;
• New 400/110 kV Botoșani injection station from the 400 kV Suceava – Bãlți overhead power line into the RED;
• Increasing the transmission capacity of the 220 kV Bucharest South – Fundeni overhead power line;
• Increasing the transmission capacity of the 400 kV Brașov – Gutinaș Overhead Power Line;
• New 400/110 kV Suceava transformer and two related 400 kV and 110 kV cells;
• Construction of the second circuit of the 400 kV Oradea – Bekescsaba Overhead Power Line and related works in the 400 kV Nãdab substation;
• 400 kV Gutinaș (RO) – Strãșeni (MD) Overhead Power Line.

The Development Plan of the Electric Transport Network is developed for a period of 10 years and is updated every two years.